The question is now what? The regular situation would be, we are oversold and due for a rallie, but what i am seeing is lot of complacency and relax from the bulls and bears that are convinced we are gonna have a rallie to 1100 where they can exit or reload.
The crashs happens in oversold situations and this is getting to similar to the crash of 2008. But, one day @ a time. My guess is that we are going to have some kind of relieve but not what majority expect... not a great bounce, only a small one and before you notice kabumm... But hey, in this rigged market everything is possible.